When looking at a home for the first time, one of the first things people notice are the doors and windows. Replacing the windows and doors in your home is generally recognized as a good thing to do, but fully understanding the benefits and how they impact your home’s worth is important to understand. Complete window and door replacement offers both aesthetic and practical advantages, both of which will help to make a good first impression and increase the overall value of your home in the long run.
HOW MUCH VALUE DO THEY ADD?
Complete window and door replacement is a relatively quick upgrade that can make a huge impact. We know that new windows and doors give your home a fresh face, but how exactly does that translate to increased value?
Increased Energy Efficiency
Energy efficiency is an incredibly important factor when it comes to the overall value of your home. Improved insulation is a major benefit of advancements in window and door technology. Older designed windows, for example, can contribute up to 70% of total energy loss in a home. With new energy efficient windows and doors, thermal transfer is dramatically reduced and consequently, so are the energy bills. Those kinds of savings can directly influence your home’s resale value. For example, a 2019 survey from the National Association of Builders, found that most prospective home buyers are willing to pay approximately $9000 extra for a home that would save a $1000/year on energy bills.
Strong Return on Investment
When you think about the money you put into renovations, the overall Return on Investment (ROI) is an essential figure to consider. Referencing windows and doors specifically, the national average for replacement is a 72% ROI. So, for quick figuring, that means that if you were to put $1000 into upgrading you would see a $720 return. That is significant!
Improved Curb Appeal
As mentioned before, making a good first impression is critical in the formation of the perceived value of your home. New windows and doors signal to onlookers that you care about your home and have taken care of it. Updated windows and doors add beauty to the inside and outside of your home.
Professionally installed, high-quality windows and doors also improve your home’s security. Many of the new doors on the market come with a wide variety of hardware options, allowing you to customize the level of security that they offer. Additionally, windows are designed with state-of-the-art locking mechanisms that deliver superior security. A secure home is a valuable home.
Reduced Need for Maintenance
Some benefits are not as easily measured with numerical values, however that does not take away from the value that they add. New technology used in window and door manufacturing has dramatically reduced the need for maintenance. Old wood windows, for example, require continual upkeep to prevent rotting and deterioration that can lead to irreparable damage. Modern day windows are often designed with vinyl frames and sashes that are moisture and pest resistant. Exterior doors are also available in a variety of different low-maintenance materials, such as steel and fibre glass.
ARE THE BENEFITS LONG TERM?
Fresh paint fades and new flowers will wither, but new doors and windows offer benefits for years to come. With high-quality products and installation services, you can rest assured that your investment will stand the test of time. You may want to consider replacing your windows and doors months (or even years) before even thinking about selling your property so that you can personally experience all the advantages that such an upgrade to your home affords.
THINGS TO CONSIDER
If you are sitting there wondering how you might know if replacing the windows and doors of your home would be beneficial to you or not, there are a few questions you should answer.
When were windows and doors last replaced or, have they ever been?
Obviously, if you have newer windows in your home, you are already enjoying the benefits of their modern design. If the windows and doors in your home have never been replaced, you should consider investing in complete replacement.
Are there significant signs of aging or damage
Regardless of when the windows and doors were last replaced, if there is irreparable damage replacement would be a prudent investment. Some examples of damage that should not be ignored includes cracked or crumbling seals, broken glass, or gaping frames.
Do your current windows and doors have energy efficiency ratings suitable for where you live?
The windows and doors may be relatively new in your home, but if they do not meet the requirements for energy efficiency in your climatic region, they will not perform how you need them to. Upgrading to windows and doors with the appropriate ENERGY STAR ratings for where you live will improve their performance and save you money in the long run.
The many benefits of new windows and doors far outweigh the cost of investment. By choosing complete replacement of windows doors for your home you will inevitably leverage its resale value. It is one of the easiest and most impactful upgrades that can be made to your home within your budget.
If you are ready to explore replacement options, Window Mart is a trusted provider of windows and doors. We carry a wide selection of products that are made in Canada, for Canada. Our high-quality windows and doors are sure to improve both the function and beauty of your home.
Contact Window Mart today for a complimentary quote on new windows and doors that will add to the overall value of your home.